A SYSTEMATIC LITERATURE REVIEW ON THE INTERNATIONALIZATION OF SMALL AND MEDIUM-SIZED ENTERPRISES ON THE AFRICAN CONTINENT
DOI:
https://doi.org/10.24193/subbnegotia.2025.2.04Keywords:
Internationalization, Africa, SME, SLR, Thematic analysisAbstract
This study aimed to identify prominent themes discussed in the research on the internationalization of SMEs on the African continent from 2005 to 2023. For this study, a total of 50 articles were selected, and thematic analysis was conducted to identify the prominent themes. Among the fifty articles selected for this systematic literature review (SLR), seven prominent themes were found: pull factors, network theory, export performance, mindset, entry mode decision, institutions, and barriers to internationalization. In this sample of articles, the most discussed themes are pull factors, network theory, and export performance, while the least discussed is barriers to internationalization. The findings of this study suggest that further research should be conducted to examine how the mindset of entrepreneurs or top managers may affect the internationalization of African SMEs, and how this may also affect the mode of entry adopted bysmall and medium size enterprises (SMEs). In addition, further research should be conducted on the barriers to internationalization of SMEs on the African continent. Lastly, this study recommends that further research be conducted on the role that institutions play in facilitating the internationalization of SMEs in Africa. The significant contribution of this study was identifying the prominent themes concerning internationalization in the African context. In addition, it identified areas for further research in order to gain a deeper understanding of this phenomenon in Africa.
JEL Classification: F23, L26, O55
Article History: Received: 20 February 2025; Reviewed: 30 May 2025;
Accepted: 20 June 2025; Available online: 27 June 2025
References
1. Abisuga-Oyekunle, O.A., Patra, S.K. & Munchie, M. (2019). SMEs in sustainable development: Their role in poverty reduction and employment generation in sub-Saharan Africa. African Journal of Science, Technology, Innovation and Development, 12(4), 405– 419. https://doi.org/10.1080/20421338.2019.1656428
2. Abor, J. & Quartey, P. (2010). Issues in SME development in Ghana and South Africa. International Research Journal of Finance and Economics, 39, 218–228. Available at: https://ugspace.ug.edu.gh/items/99ece953-bab1-4cc4-9740-679d391215be
3. Abor, J.Y., Agbloyor, E.K. & Kuipo, R. (2014), Bank finance and export activities of Small and Medium Enterprises. Review of Development Finance, 4(2), 97–103. https://doi.org/10.1016/j.rdf.2014.05.004
4. Abubakar, Y.A., Hand, C., Smallbone, D. & Saridakis, G. (2019). What specific modes of internationalization influence SME innovation in Sub-Saharan least developed countries (LDCs)? Technovation, 79, 56-70. https://doi.org/10.1016/j.technovation.2018.05.004
5. Abubakari, A., Ofori, K.S., Boateng, H., N’Da, K. & Hinson, R.E. (2021). The effect of foreign market knowledge on SME export performance: a study of non-traditional SMEs in Ghana. Global Knowledge, Memory and Communication, 71(6/7), 546-563. https://doi.org/10.1108/GKMC-03-2021-0054
6. Acedo, J.F. & Jones, M.V. (2007). Speed of internationalization and entrepreneurial cognition: Insights and a comparison between international new ventures, exporters and domestic firms. Journal of World Business, 42(3), 236-252. https://doi.org/10.1016/j.jwb.2007.04.012
7. Adams, P., Freitas, I.M.B. & Fontana, R. (2019). Strategic orientation, innovation performance and the moderating influence of marketing management. Journal of Business Research,97, 29- 140. https://doi.org/10.1016/j.jbusres.2018.12.071
8. Adomako, S., Amankwah-Amoah, J. & Danquah, J.K. (2021), R&D support, technological turbulence, and SMEs’ degree of internationalization: The mediating role of technological capability. Thunderbird International Business Review, 64(3), 251- 262. https://doi.org/10.1002/tie.22263
9. Adomako, S., Opoku, R. A. & Frimpong, K. (2017). The Moderating Influence of Competitive Intensity on the Relationship between CEOs’ Regulatory Foci and SME Internationalization. Journal of International Management, 23(3), 268–278. https://doi.org/10.1016/j.intman.2017.02.001
10. Ahimbisibwe, G. M., Ntayi, J.M., Ngoma, M., Bakunda, G. & Kabagambe, L.B. (2020). The internationalization of small to medium-sized enterprises: Do all levels in international networking matter? Journal of Small Business and Enterprise Development, 27(5), 817-837. https://doi.org/10.1108/JSBED-09-2019-0313
11. Ahimbisibwe, G.M., Ngoma, M., Nabatanzi-Muyimba, A.K. & Kabagambe, L.B. (2022a). Entrepreneurial mindset and SME internationalization in Uganda: the mediating role of international networking. Review of International Business and Strategy, 33(4), 669-690. https://doi.org/10.1108/ribs-11-2021-0149
12. Ahimbisibwe, G.M., Ntayi, J.M., Ngoma, M., Bakunda, G., Munene, J.C. & Esemu, T. (2022b). Entrepreneurial mindset and SME internationalisation: Empirical evidence from Sub-Saharan Africa. World Journal of Entrepreneurship, Management and Sustainable Development, 18(6), 743–759. https://doi.org/10.47556/j.wjemsd.18.6.2022.4
13. Ajayi, B. (2016). The impact of entrepreneurial orientation and networking capabilities on the export performance of Nigerian agricultural SMEs. Journal of Entrepreneurship and Innovation in Emerging Economies,2(1), 1–23. https://doi.org/10.1177/2393957515619720
14. Aldibiki, A. & El Ebrashi, R. (2023). The role of networks and capabilities in the internationalization of SMEs in North Africa: The case of Egyptian SMEs. Thunderbird International Business Review, 65(6), 581-597. https://doi.org/10.1002/tie.22347
15. Amankwah-Amoah, J., Adomako, S., Danquah, J.K., Opoku, R.A. & Zahoor, N. (2022). Foreign market knowledge, entry mode choice and SME international performance in an emerging market. Journal of International Management, 28(4), 100955. https://doi.org/10.1016/j.intman.2022.100955
16. Amoako, I.O. & Lyon, F. (2014). We don’t deal with courts: Cooperation and alternative institutions shaping exporting relationships of small and medium sized enterprises in Ghana. International Small Business Journal, 32(2), 117–139. https://doi.org/10.1177/026624261348477
17. Amoako, I.O. & Matlay, H. (2015). Norms and trust-shaping relationships among food-exporting SMEs in Ghana. Entrepreneurship and Innovation, 16(2), 123–134. https://doi.org/10.5367/ijei.2015.0182
18. Ayakwah, A., Sepulveda, L. & Lyon, F. (2020). Returning to drive small business exports: diaspora entrepreneurs in Ghana’s fruit processing clusters. International Journal of Management and Entreprise Development. 19(3), 273-291. https://doi.org/10.1504/IJMED.2020.108714
19. Babatunde, M.A. (2017), Export propensity and intensity of Nigerian SMEs. Journal of Small Business & Entrepreneurship, 29(1), 25–55. https://doi.org/10.1080/08276331.2016.1248056
20. Boso, N., Adeleye, I., Ibeh, K. & Chizema, A. (2019). The internationalization of African firms: Opportunities, challenges, and risks. Thunderbird International Business Review, 61(1), 5-12. https://doi.org/10.1002/tie.21977
21. Buzavaite, M. & Korsakiene, R. (2019). Human capital and the internationalisation of SMEs: A systemic literature review, Entrepreneurial Business and Economics Review, 7(3), 125-142. https://doi.org/10.15678/EBER.2019.070307
22. Cacciotti, G. & Hayton, J.C. (2015). Fear and entrepreneurship: A review and research agenda. International Journal of Management Reviews, 17 (2), 165–190. https://doi.org/10.1111/ijmr.12052
23. Cassiman, B. & Golovko, E. (2011). Innovation and internationalization through exports. Journal of International Business Studies, 42, 56–75. https://doi.org/10.1057/jibs.2010.36
24. Catanzaro, A. & Teyssier, C. (2021). Export promotion programs, export capabilities, and risk management practices of internationalized SMEs. Small Business Economics, 57, 1479–1503. https://doi.org/10.1007/s11187-020-00358-4
25. Cho, C., Kim, B. & Oh, S. (2022). Effects of the entrepreneurial strategic orientation of social enterprises on organizational effectiveness: Case of South Korea. Administrative Sciences, 12(1), 1- 16. https://doi.org/10.3390/admsci12010019
26. Crick, D., Kaganda, G.E. & Matlay, H. (2011). A study into the international competitiveness of low and high intensity Tanzanian exporting SMEs. Journal of Small Business and Enterprise Development,18(3), 594-607. https://doi.org/10.1108/14626001111155727
27. D’Angelo, A., Majocchi, A., Zucchella, A. & Buck, T. (2011). Geographical pathways for SME internationalization: insights from an Italian sample. International Marketing Review, 30(2), 80-105. https://doi.org/10.1108/02651331311314538
28. Damoah, O.B.O. (2018). A critical incident analysis of the export behaviour of SMEs: evidence from an emerging market. Critical perspectives on international business, 14 (2/3), 309-334. https://doi.org/10.1108/cpoib-11-2016-0061
29. Dar, I.A. & Mishra, M. (2019). Human capital and SMEs internationalization: Development and validation of a measurement scale. Global Business Review,22(3), 718-734. https://doi.org/10.1177/0972150918817390
30. Easmon, R.B., Kastner, A.N.A., Blankson, C. & Mahmoud, M.A. (2019). Social capital and export performance of SMEs in Ghana: the role of firm capabilities. African Journal of Economic and Management Studies, 10(3), 262-285. https://doi.org/10.1108/AJEMS-11-2018-0361
31. Eduardsen, J. & Marinova, S. (2020), Internationalisation and risk: Literature review, integrative framework and research agenda. International Business Review, 29(3), 1- 35. https://doi.org/10.1016/j.ibusrev.2020.101688
32. El Guili, H. (2018). Internationalization of African SMEs: Context, trends and challenges. Available at: https://rais.education/wp-content/uploads/2018/11/020HG.pdf
33. El Makrini, H.E. (2017). Predictors of export performance in developing economies: a longitudinal analysis of Moroccan SMEs. Journal of Strategic Marketing, 25(7), 530-546. https://doi.org/10.1080/0965254X.2016.1148765
34. Fernandes, C., Veiga, P.M & Gerschewski, S. (2023). SME internationalization: past, present and future trends. Journal of Organizational Change Management, 36(1), 144-161. https://doi.org/10.1108/JOCM-05-2022-0146
35. Fernandez, Z. & Nieto, M.J. (2006). Impact of ownership on the international involvement of SMEs. Journal of International Business Studies, 37(3), 340-351. https://doi.org/10.1057/palgrave.jibs.8400196
36. Ferrucci, L., Gigliotti, M. & Runfola, A. (2018), Italian firms in emerging markets: relationships and networks for internationalization in Africa. Journal of Small Business & Entrepreneurship, 30(5), 375–395. https://doi.org/10.1080/08276331.2017.1412611
37. Gao, Y., Ge, B., Lang, X. & Xu, X. (2018). Revisiting Covin and Slevin (1989): Replication and extension of the relationship between entrepreneurial orientation and firm performance. Technological Forecasting and Social Change, 135, 178-187. https://doi.org/10.1016/j.techfore.2017.11.019
38. Garg, S. (2014). Determinants of entry modes: A review of literature. International Journal of Research in Humanities and Social Sciences, 2(5), 1–12. Available at: https://www.raijmr.com/ijrhs/wpcontent/uploads/2017/11/IJRHS_2014_vol02_issue_05_05.pdf
39. Goncalves, M. (2022). Internationalization as an integrated process: Evidence from SMEs in Lusophone Africa. Journal of Transnational Management, 27(1), 37-63. https://doi.org/10.1080/15475778.2022.2073153
40. Gyamerah, S., He, Z., Ampaw, E.M., Asante, D. & Asare-Kyire, L. (2021). The Belt and Road Initiative and East African small and medium sized enterprises: benefits, drivers and particular sectors. International Journal of Emerging Markets, 18(2), 463-482. https://doi.org/10.1108/IJOEM-08-2020-1000
41. Haddoud, M.Y., Beynon, M.J., Jones, P. & Newbery, R. (2017). SMEs’ export propensity in North Africa: a fuzzy c-means cluster analysis. Journal of Small Business and Enterprise Development, 25(5), 1 -23. https://doi.org/10.1108/JSBED-02-2017-0077
42. Hinson, R. & Abor, J. (2005). Internationalizing SME nontraditional exporters and their internet use idiosyncrasies. Perspectives on Global Development and Technology, 4(2), 228-244. https://doi.org/10.1163/1569150054738998
43. Ibeh, K., Wilson, J. & Chizema, A. (2012) The internationalization of African firms 1995–2011: Review and implications. Thunderbird International Business Review, 54(4), 411- 427. https://doi.org/10.1002/tie.21473
44. Ipsmiller, E. & Dikova, D. (2021). Internationalization from Central and Eastern Europe: A systematic literature review. Journal of International Management, 27(4), 1-16. https://doi.org/10.1016/j.intman.2021.100862
45. Johanson, J. & Mattsson, L.G. (1988), Internationalisation in industrial systems — A network approach. In: Hood, N. & Vahlne, J. (Eds.), Strategies in Global Competition, Croom Helm: New York, 303–321. Available at: https://www.researchgate.net/publication/299026248_Internationalisation_in_industrial_systems_-_A_network_approach
46. Kazungu, I. (2020). Network linkages and performance of exporting micro and small enterprises in Dar es Salaam, Tanzania: Perspectives in the handicraft industry. Global Business Review, 24(6), 1–18. https://doi.org/10.1177/0972150920934433
47. Kiger, M.E. & Varpio, L. (2020). Thematic analysis of qualitative data: AMEE Guide No. 131. Medical Teacher, 42(8), 846-854. https://doi.org/10.1080/0142159X.2020.1755030
48. Kujala, I. & Owusu, R.A. (2022). Institutional actors, policy and internationalisation of emerging market SMEs: lessons from AGOA and the Ghanaian textile industry. International Journal of Entrepreneurship and Small Business, 47(4), 518-547. https://doi.org/10.1504/IJESB.2022.127561
49. Kumari, S., Shirodkar, V. & McGuire, S. (2023). Pre-liberalization foundations and the FDI-based internationalization of SMEs from emerging markets. Management International Review, 63, 641–671. https://doi.org/10.1007/s11575-023-00508-2
50. Lee, Y., Zhuang, Y., Joo, M. & Bae, T.J. (2019). Revisiting Covin and Slevin (1989): Replication and extension of the relationship between entrepreneurial orientation and firm performance. Journal of Business Venturing Insights, 12, 1-9. https://doi.org/10.1016/j.jbvi.2019.e00144
51. Mahamadou, Z. (2021). Internationalization processes for sub-Saharan Africa's small and medium-sized enterprises: The case of Ivory Coast. Thunderbird International Business Review, 63(4), 437-449. https://doi.org/10.1002/tie.22190
52. Malca, O., Pena-Vinces, J. & Acedo, F.J. (2020). Export promotion programmes as export performance catalysts for SMEs: Insights from an emerging economy. Small Business Economics, 55, 831–851. https://doi.org/10.1007/s11187-019-00185-2
53. McKim, C.A. (2016). The value of mixed methods research: A mixed methods study. Journal of Mixed Methods Research,11(2), 202-222. https://doi.org/10.1177/1558689815607096
54. Misati, E., Walumbwa, F.O., Lahiri, S. & Kundu, S.K. (2017). The internationalization of African small and medium enterprises (SMEs): a South-North pattern, Africa Journal of Management, 3(1), 53-81. https://doi.org/10.1080/23322373.2016.1275940
55. Moreira, A.C., Ribau, C.P. & Borges, M.I.V. (2024). Internationalisation of SMEs: a comparative perspective between Africa and Latin America. International Journal of Entrepreneurship and Small Business, 51(4), 513-541. https://doi.org/10.1504/IJESB.2024.136944
56. Morgan, H. (2022). Understanding thematic analysis and the debates involving its use. The Qualitative Report, 27(10), 2079-2091. https://doi.org/10.46743/2160-3715/2022.5912
57. Mpinganjira, M. (2011). Perceived impediments to export involvement among small and medium sized firms: Non-exporters perspective. Acta Commercii, 11(2), 43- 55. https://doi.org/10.4102/ac.v11i2.151
58. Mtigwe, B. (2005). The entrepreneurial firm internationalization process in the Southern African context: A comparative approach. International Journal of Entrepreneurial Behaviour & Research,11(5), 358-377. http://doi.org/10.1108/13552550510615006
59. Muriithi, S.M. (2017). African small and medium enterprises (SMEs) contributions, challenges and solutions. European Journal of Research and Reflection in Management Sciences, 5(1), 36- 49. Available at: https://www.researchgate.net/profile/Samuel_Muriithi4/publication/315516536
60. Nachum, L., Stevens, C.E., Newenham-Kahindi, A., Rose, E.L. & Wantchekon, L. (2022). Africa rising: Opportunities for advancing theory on people, institutions, and the nation state in international business. Journal of International Business Studies, 54, 938-955. https://doi.org/10.1057/s41267-022-00581-z
61. Nadkarni, S. & Perez, P.D. (2007). Prior conditions and early international commitment: the mediating role of domestic mindset. Journal of International Business Studies, 38, 160- 176. https://doi.org/10.1057/palgrave.jibs.840024
62. Narooz, R. & Child, J. (2017), Networking responses to different levels of institutional void: A comparison of internationalizing SMEs in Egypt and the UK. International Business Review,26(4), 683–696. https://doi.org/10.1016/j.ibusrev.2016.12.008
63. Njinyah, S.Z. (2017). The effectiveness of government policies for export promotion on the export performance of SMEs Cocoa exporters in Cameroon. International Marketing Review, 35(1), 164-185. https://doi.org/10.1108/IMR-05-2016-0103
64. Oguji, N., Degbey, W.Y. & Owusu, R.A. (2018). International joint ventures research on Africa: A systematic literature review, propositions, and contextualization. Thunderbird International Business Review, 63(1), 11-26. https://doi.org/10.1002/tie.21993
65. Okpara, J.O. & Kabongo, J.D. (2010). Export barriers and internationalisation: evidence from SMEs in an emergent African economy. International Journal of Business and Globalisation, 5(2), 169- 187. https://doi.org/10.1504/IJBG.2010.034394
66. Olaore, G.O., Adejare, B.O. & Udofia, E.E. (2020). Prospects and challenges of entrepreneurship internationalization on the competitiveness of SMEs. Asia Pacific Journal of Innovation and Entrepreneurship, 14(3), 303-315. https://doi.org/10.1108/APJIE-12-2019-0094
67. Omeihe, K.O., Simba, A., Rae, D., Gustafsson, V. & Khan, M.S. (2021). Trusting in indigenous institutions: exporting SMEs in Nigeria. Journal of Small Business and Enterprise Development, 28(7), 1117-1142. https://doi.org/10.1108/JSBED-03-2020-0082
68. Omer, N., Van Burg, E., Peters, R.M. & Visser, K. (2015). Internationalization as a “work-around” strategy: How going abroad can help SMEs overcome local constraints. Journal of Developmental Entrepreneurship, 20(2), 1-22. https://doi.org/10.1142/S1084946715500119
69. Osei-Bonsu, N. (2014). The internationalization process of small-to medium-sized manufacturing enterprises (SMEs): Evidence from developing countries. European Journal of Business and Management, 6(2), 167 – 187. Available at: https://citeseerx.ist.psu.edu/document?repid=rep1&type=pdf&doi=9ebbdb04c228dbfed8e0dbc7ec84075c97c0fba0
70. Peiris, I.K., Akoorie, M.E.M. & Sinha, P. (2012). International entrepreneurship: A critical analysis of studies in the past two decades and future directions for research. Journal of International Entrepreneurship, 10, 279-324. https://doi.org/10.1007/s10843-012-0096-3
71. Quaye, D.M., Sekyere, N. & Acheampong, G. (2017). Export promotion programmes and export performance: A study of selected SMEs in the manufacturing sector of Ghana. Review of International Business and Strategy, 27(4), 466-483. https://doi.org/10.1108/RIBS-03-2017-0021
72. Ratajczak-Mrozek, M. (2017), The Network Theory of Companies’ Internationalization—the Importance of Relationships for International Expansion. In Ratajczak-Mrozek, M (Ed.), Network Embeddedness, Springer International Publishing, Cham, 153-189. https://doi.org/10.1007/978-3-319-56511-8_6
73. Robb, C. A. & Stephens, A.R. (2021). The Effects of market orientation and proactive orientation on the export performance of South African SMEs. Journal of Global Marketing, 34(5), 392- 410. https://doi.org/10.1080/08911762.2021.1894625
74. Rua, O., Franca, A. & Fernández Oritz, R. (2018). Key drivers of SMEs export performance: the mediating effect of competitive advantage. Journal of Knowledge Management, 22(2), 257-279. https://doi.org/10.1108/JKM-07-2017-0267
75. Sendawula, K., Ngoma, M., Bananuka, J., Kimuli, S.N.L. & Kabuye, F. (2020). Business networking and internationalization: testing the mediation role of organizational learning. World Journal of Entrepreneurship, Management and Sustainable Development, 17(2), 246-259. https://doi.org/10.1108/WJEMSD-04-2020-0030
76. Shen, Z., Puig, F. & Paul, J. (2017). Foreign market entry mode research: A review and research agenda. The International Trade Journal, 31(5), 429-456. https://doi.org/10.1080/08853908.2017.1361368
77. Shirokova, G. & Tsukanova, T. (2013). Impact of the domestic institutional environment on the degree of internationalization of SMEs in transition economies. Entrepreneurship and Innovation, 14(3), 193–204. https://doi.org/10.5367/ijei.2013.0121
78. Shree, S. & Urban, B. (2012). Internationalisation of South African SMEs: The role of capital factors. Acta Commercii, 12(1), 186-199. https://hdl.handle.net/10520/EJC138247
79. Sibanda, K., Hove-Sibanda, P. & Shava, H. (2018). The impact of SME access to finance and performance on exporting behaviour at firm level: A case of furniture manufacturing SMEs in Zimbabwe. Acta Commercii, 18(1), 1-13. https://hdl.handle.net/10520/EJC-f99d11e56
80. Sraha, G. (2014). Public policy makers: Improving export promotion programmes and entrepreneurial development in a lower emerging economy. African Journal of Economic and Management Studies, 6(1), 55-71. https://doi.org/10.1108/AJEMS-07-2013-0060
81. Steinhauser, V.P.S., Paula, F.D. & de Macedo-Soares, T.D.L. (2020), Internationalization of SMEs: a systematic review of 20 years of research. Journal of International Entrepreneurship, 19, 164–195. https://doi.org/10.1007/s10843-020-00271-7
82. Tajeddin, M. & Carney, M. (2018). African business groups: How does group affiliation improve SMEs’ export intensity? Entrepreneurship Theory and Practice, 43(6), 1194–1222. https://doi.org/10.1177/10422587187795
83. Tarek, B. H., Adel, G. & Sami, A. (2016). The relationship between ‘competitive intelligence’ and the internationalization of North African SMEs. Competition & Change, 20(5), 326–336. https://doi.org/10.1177/1024529416657494
84. Tepjun, C. (2016). Factors affecting market entry modes of small and medium enterprises (SMEs) to China. A multiple case study of Thai SMEs. European Journal of Business and Management, 8(6), 78-85. https://core.ac.uk/download/pdf/234627113.pdf
85. Thomas, A.O. & Marandu, E. (2017). Rhetoric and realities of regional integration: Botswana SME perspectives on Southern African trade. South African Journal Business Management, 48(2), 75- 86. https://hdl.handle.net/10520/EJC-86b41c313
86. Tranfield, D., Denyer, D. & Smart, P. (2003). Towards a methodology for developing evidence-informed management knowledge by means of systematic review. British Journal of Management, 14(3), 207–222. https://doi.org/10.1111/1467-8551.00375
87. Vaismoradi, M. & Snelgrove, S. (2019). Theme in qualitative content analysis and thematic analysis. Forum Qualitative Social Research, 20(3). https://doi.org/10.17169/fqs-20.3.3376
88. Van Staden, L.J. (2022). The influence of certain factors on South African small and medium-sized enterprises towards export propensity. Development Southern Africa, 39(3), 457-469. https://doi.org/10.1080/0376835X.2021.2019573
89. Virglerova, Z., Kliestik, T., Rowland, Z. & Rozsa, Z. (2020). Barriers to internationalization of SMEs in Visegrad Countries. Transformations in Business & Economics, 19(3), 58-73. Available at: https://www.transformations.knf.vu.lt/51/article/barr
90. Vlasic, G. (2022). Comparative analysis of the role of strategic orientation, strategic performance metric focus and strategic audacity in driving firm performance: family businesses vs nonfamily businesses. Journal of Family Business Management, 13(1), 7-25. https://doi.org/10.1108/JFBM-03-2022-0048
91. Vogel, R., Hattke, F. & Petersen, J. (2017). Journal rankings in management and business studies: What rules do we play by? Research Policy, 46(10), 1707-1722. https://doi.org/10.1016/j.respol.2017.07.001
92. Voss, H., Buckley, P.J. & Cross, A.R. (2010). The impact of home country institutional effects on the internationalization strategy of Chinese firms. Multinational Business Review, 18(3), 25-48. https://doi.org/10.1108/1525383X201000014
93. Wales, W.J., Covin, J.G. & Monsen, E. (2020). Entrepreneurial orientation: The necessity of a multilevel conceptualization. Strategic Entrepreneurship Journal, 14(4), 639-660. https://doi.org/10.1002/sej.1344
94. Willig, C. (2014). Interpretation and Analysis. In Flick, U. (Ed), The Sage Handbook of Qualitative Data Analysis, Sage Publications, London, 136-149. https://doi.org/10.4135/9781446282243.n10
95. Zahoor, N., Khan, Z., Meyer, M. & Laker, B. (2023). International entrepreneurial behavior of internationalizing African SMEs – Towards a new research agenda. Journal of Business Research, 154, 113367, 1- 17. https://doi.org/10.1016/j.jbusres.2022.113367
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2025 Studia Universitatis Babeș-Bolyai Negotia

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.